Yes, under current federal laws, insurance companies cannot deny coverage or charge higher premiums due to pre-existing conditions. Private health insurance options may vary in terms of network and pricing, but you are eligible to apply.

Medicare Advantage (Part C) is offered by private insurers and combines Parts A and B, often including drug coverage and extras like dental or vision. It may offer lower costs and added benefits but can come with more limited provider networks. It’s ideal for seniors who prefer an all-in-one plan with set costs.

If you stop paying premiums, your policy may use its built-up cash value to keep the coverage active temporarily. Eventually, the policy could lapse if no further payments are made. However, some plans offer reduced paid-up options to keep partial coverage without additional payments.